Others · January 22, 2024

Terraform Labs files for Chapter 11 bankruptcy 

Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.  Terraform Labs confirmed that it had filed for Chapter 11 protection in the U.S. as “a strategic step that will enable it to continue its operations and support […]

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